document.write( "Question 673205: A small business predicts its revenue growth by a straight line method with a slope of 50000 per year. In its fifth year, it has a revenue of 330,000. What would be the equation to help describe the relationship between revenue and time since the business opened. \r
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document.write( "I'm using excel and having a hard time. Your help is appreciated. \n" );
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Algebra.Com's Answer #418514 by stanbon(75887) ![]() You can put this solution on YOUR website! A small business predicts its revenue growth by a straight line method with a slope of 50000 per year. In its fifth year, it has a revenue of 330,000. What would be the equation to help describe the relationship between revenue and time since the business opened. \n" ); document.write( "--------------------- \n" ); document.write( "You have slope and a point (5,330,000) \n" ); document.write( "------ \n" ); document.write( "Form: y = mx + b \n" ); document.write( "Find the equation: \n" ); document.write( "330,000 = 50000*5 + b \n" ); document.write( "b = 330,000 = 250,000 \n" ); document.write( "b = 80000 \n" ); document.write( "----- \n" ); document.write( "Equation: y = 50,000x + 80,000 \n" ); document.write( "----------------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |